New car and light truck registrations in Colorado continue to outperform the nation and have hit another double digit increase in August registrations versus August 2011, the August 2012 Colorado Auto Outlook Report released Monday said.

The report, from the Colorado Automobile Dealers Association, said that year-to-date registrations, January through August 2012, increased 20.6 percent and have outpaced the U.S. market which was up 12.2 percent in the same period.

Meanwhile, August 2012 registrations versus August 2011 in Colorado increased 21.5 percent, said the report.

Tim Jackson, president of CADA said that the Colorado numbers show that “consumer confidence remains higher in Colorado than the rest of the nation.”

He said the numbers also reflect a rising demand for new fuel efficient vehicles.

In Colorado, 99,032 new vehicles were registered from January through August 2012 versus 82,093 for the same period in 2011.

In the same period, year-to-date 2012 versus 2011, the used vehicle market increased three percent.

Jackson noted that from January to August of 2012, the major brands with the most increase in sales were Chrysler, Jeep, Volkswagen, Mercedes and Toyota.

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